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(PRGS) Progress Software complete technical analysis [charts+indicators] | Buy/Sell Progress Software | (PRGS) share price targets

Complete technical analysis of Progress Software (PRGS) by charts plus indicators, forecast predictions and share price targets for Progress Software (PRGS)

Progress Software trades in USA in Technology sector.

Showing technical analysis as on 2024-10-07 View latest technical analysis

10 day averaged volume of Progress Software is 1247250

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	65.84	65.88	66.65	65.59	0.305 times
04 Fri Oct 2024	66.29	65.39	66.36	64.67	0.31 times
03 Thu Oct 2024	64.81	65.06	65.74	64.53	0.482 times
02 Wed Oct 2024	65.42	65.25	66.16	64.55	0.489 times
01 Tue Oct 2024	65.80	67.48	67.48	65.62	0.678 times
30 Mon Sep 2024	67.37	66.01	67.40	65.97	0.907 times
27 Fri Sep 2024	66.30	65.90	66.52	65.20	0.686 times
26 Thu Sep 2024	65.84	64.39	66.06	64.32	1.454 times
25 Wed Sep 2024	63.92	61.16	65.84	59.88	3.549 times
24 Tue Sep 2024	57.15	56.97	57.54	56.23	0.796 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 65.4, but if it comes below 65.4, then a intra day sell could be more profitable.
If you take a sell trade below 65.4, then use 65.4 as stoploss and 61.24 as target. However if you take a buy trade in stock , then use 65.4 as stoploss and 70.3 as target.

Share price targets for Progress Software (PRGS)

Target Type	Value
Downside Target	48.00
Downside Target	52.82
Downside Target	54.04
Downside Target	55.27
Downside Target	64.53
Downside Target	65.59
Upside Target	66.52
Upside Target	66.65
Upside Target	67.40
Upside Target	67.48

Intraday share price targets for Progress Software (PRGS)

Target Type	Value
Downside Intraday Target	65.4
Downside Intraday Target	64.97
Upside Intraday Target	66.46
Upside Intraday Target	67.09
Upside Intraday Target	66.03

Weekly technical analysis of Progress Software (PRGS)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	65.84	65.88	66.65	65.59	0.107 times
04 Fri Oct 2024	66.29	66.01	67.48	64.53	0.402 times
27 Fri Sep 2024	66.30	57.93	66.52	56.23	3.426 times
20 Fri Sep 2024	57.59	58.29	58.78	57.22	1.192 times
13 Fri Sep 2024	57.99	57.65	58.36	55.27	1.992 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Progress Software (PRGS)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	65.84	67.48	67.48	64.53	0.178 times
30 Mon Sep 2024	67.37	57.94	67.40	55.27	2.535 times
30 Fri Aug 2024	58.15	58.11	58.75	54.04	0.828 times
31 Wed Jul 2024	58.40	54.09	59.68	52.82	0.606 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Progress Software (PRGS)

Price action analysis of Progress Software ( (PRGS) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Progress Software ( (PRGS) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Progress Software ( (PRGS) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Progress Software ( (PRGS) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Progress Software stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Progress Software in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Progress Software Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Progress Software in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Progress Software is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 64.53 and Progress Software (PRGS) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Progress Software (PRGS) stock. Volume based technical analysis of Progress Software (PRGS) stock is negative.

Progress Software Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.